Venture Capital News: Soha Systems Inks $9.8M in Funding
2015-04-07
SUNNYVALE, CA, Soha has raised $9.8M in funding to date from Andreesen-Horowitz, Cervin Ventures, Menlo Ventures and Moment Ventures.
Soha Systems, Inc., today publicly unveiled its ground-breaking security service that enables companies to securely run applications in any cloud environment. With double-digit customers already securing critical application environments across multiple clouds with Soha, the service is now available to all companies. Organizations can leverage Soha's service to deploy a first line of defense around critical applications to enable employees, partners and customers to conduct business seamlessly while preventing unauthorized access. Soha has raised $9.8M in funding to date from Andreesen-Horowitz, Cervin Ventures, Menlo Ventures and Moment Ventures.
Soha's service, Soha Cloud, enables customers to deploy a multi-layered line of defense between their applications and the Internet. Soha Cloud takes less than 15 minutes to deploy and can secure applications running in Amazons AWS, Microsoft Azure, Google Compute Platform, VMware vSphere, VMware vCloudAir and OpenStack environments.
Until now, companies have been relying on do-it-yourself approaches to securing applications in the cloud. This usually involves acquiring a stack of individual network functions from traditional network security vendors, engineering the linkages between these functions, and integrating them into cloud environments at a huge cost of time, money and operational complexity. In many cases, this approach requires a new stack to be built from scratch for each cloud environment. In contrast, Soha Cloud gives companies a single point of control and enterprise-grade security that they can deploy in front of their applications running in any cloud computing environment. The service sits transparently between applications and the Internet, becoming the entry point for all user traffic. The service is simple to deploy and allows customers to lock down their cloud environments while relying on Soha Cloud's multi-layered line of defense for their applications.
Security, IT and DevOps professionals can try out Soha's powerful service for free and experience Soha's unique application security and availability model at their convenience. For more information, visit: http://soha.io/signup
'Enterprises are looking to move their mission-critical applications and development operations to the cloud and, as such, it is now more important than ever to protect all application infrastructure deployed in the cloud,' said Haseeb Budhani, CEO and co-founder of Soha Systems. 'With Soha's powerful service, security teams can apply a force field around not only production environments, but also pre-production and internal application environments. This flexible approach to user access control and application availability empowers enterprises to adopt the cloud at a much faster pace without sacrificing security. The Soha team has accomplished a number of impressive milestones in such a short time, and is ready to tackle the exciting journey ahead.'
Customer and Partner Momentum
Soha has already established traction with double-digit customers and is focused on expanding its partner ecosystem. Bugcrowd, a leading provider of crowd-sourced security, utilizes Soha to ensure secure access to its clients' enterprise applications. Bugcrowd tried and rejected traditional proxy, VPN and homegrown solutions before deciding on Soha. Click here to watch a video testimonial.
'Soha has helped us reach customers we were not able to before and accelerate our business,' said Jonathan Cran, VP Operations at Bugcrowd. 'Soha bridges the gap between application and traditional network security, making it easy for us to access our clients' applications without disrupting the clients' network or operations.'
Additionally, Soha has partnered with leading cloud-computing services Amazon AWS, VMWare vCloud Air and NephoScale to deliver the future of cloud application security.
'Security has been a big limiting factor in enterprise adoption of cloud services. We're thrilled to partner with Soha to give enterprises a better way to wrap security around their cloud environment,' said Bruce Templeton, CEO at NephoScale, a cloud Infrastructure-as-a-Service provider and cloud software development company. 'Traditional appliance-based approaches to security have been hard and costly for our customers to deploy. Soha is eliminating this barrier for our customers.'
Perspectives from Industry Analysts
'Enterprises are reaching an inflection point in their IT architectures as they operationalize their ad hoc cloud environments,' said Pete Lindstrom, Research Director at International Data Corporation (IDC). 'Security models must adapt to these changes or risk being even more ineffective and productivity inhibiting. A security architecture like the one Soha Systems advocates is a strong move in the right direction.'
'Soha's solution is wonderful example of how existing network security transforms when an application runs in the cloud,' said Peter Christy, Research Director, Networking at 451 Research. 'Soha provides an easy-to-utilize service that enables enterprises to enjoy the agility of the cloud with the security of a data center without the cumbersome and complex replication of the data center solution in the cloud, instead using a service built from the beginning as cloud architecture.'
Soha's World-Class Leadership Team
Soha's leadership team has deep expertise in enterprise networking, cloud and security technologies. The company's CEO, Haseeb Budhani, co-founded the organization in late-2013 after serving as Chief Product Officer at Infineta Systems. Vice President of Engineering and co-founder, Hanumantha Kavuluru, brings broad expertise from network security to enterprise application development, and has held leadership roles at companies such as MobileIron and Nortel Networks. Vice President of Marketing and Products, Rob Quiros, joined Soha from Riverbed, where he led the company's Steelhead product line.
About Soha Systems
Soha Systems delivers instant application security for the cloud-enabled enterprise. Soha's unique service unifies access and security to create a first line of defense for applications, making it simple for enterprises to implement security in cloud environments. Enterprises can easily construct highly available trusted paths for sanctioned users to access applications without making any changes to pre-existing network and security policies. Soha's service can be deployed in minutes, not weeks or months, and at a fraction of the cost of traditional solutions. The result is a secure application delivery model that enables a zero CapEx, low OpEx model for critical workloads deployed in public and private clouds. For more information, visit www.soha.io and join the conversation on Twitter @SohaSystems.
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